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The Great Private Pension Scam


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Guest pelmetman
Or could it be that the civil servants who jumped into lucrative private sector jobs, were just getting payback from those companies for services rendered in securing tax payer funded work ;-)
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flicka - 2012-04-15 8:56 PM.............................Or, more likely, got out whilst the going's good & the s**t really hits the fan :-(

But, get out to what John? Highly paid civil servant quits highly paid job with good pension and relinquishes prospect of attractive redundancy terms in favour of a life on the dole. Yeah, right! You really think they are that stupid?

At that level, as a general rule, you don't go anywhere unless you know where you're going, and for how much.

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pelmetman - 2012-04-15 9:23 PM

 

Or could it be that the civil servants who jumped into lucrative private sector jobs, were just getting payback from those companies for services rendered in securing tax payer funded work ;-)

1,000 of them? All on the take? And no-one noticed? Or is it a conspiracy theory? They were all in it together, in all those different government departments. Or is the whole civil service supposed to be in on the act as well, from the humblest messenger right up to to the Permanent Secretaries? If so, it would be the best kept secret in recorded (or even un-recorded) history!

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Brian Kirby - 2012-04-15 11:05 PM

 

pelmetman - 2012-04-15 9:23 PM

 

Or could it be that the civil servants who jumped into lucrative private sector jobs, were just getting payback from those companies for services rendered in securing tax payer funded work ;-)

1,000 of them? All on the take? And no-one noticed? Or is it a conspiracy theory? They were all in it together, in all those different government departments. Or is the whole civil service supposed to be in on the act as well, from the humblest messenger right up to to the Permanent Secretaries? If so, it would be the best kept secret in recorded (or even un-recorded) history!

 

.....it certainly would have been an even more risky business for public servants until very recently.

 

Under a couple of acts covering corruption amongst such people, a "reverse burden" of proof was placed upon the individual (as a public servant) to prove that any potential inducement (gift, action, etc.) was not part of an act of corruption, rather than for the legal authorities to prove that it was.

 

One of the few circumstances in English Law where the concept of " innocent until proven guilty" did not apply.

 

It is only over the last couple of years that convictions achieved under these acts, with that reverse burden of proof, have been successfully appealed under recent additional legislation, and Human Rights provisions.

 

In essence, even being offered more than sandwiches at a mealtime meeting with private sector suppliers has been seen as grounds for suspicion in the past.

 

.....but we stray further O/T. ;-)

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I can confirm that certainly the FSA personnel have very strict rules as to what they can and cannot do. The sandwich example above may sound extreme but when we last had an FSA visit we invited the two guys to join us for lunch and they refused on the grounds that they were forbidden to accept any hospitality – even when we said we were never intending to PAY for their lunch – just inviting them to join us – they still said that this could be misconstrued!
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My Civil Service career was only for about 5 years, and at a very lowly level ( I managed the dizzy heights of E.O.!),and was a long time ago, but I can confirm the truth of Robin & Clive's statements as they applied to my Government department in those days -- it wasn't just accepting hospitality or gifts, but who you were seen with and meetings which you attended as a 'private individual' -- if they were somehow seen as 'political. We all had to be 'whiter than white!'

 

Colin.

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Symbol Owner - 2012-04-16 9:09 AM

I managed the dizzy heights of E.O.!

 

I thought that EO was a character in Winny the Pooh - sounds about right - sorry Colin!

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Grr! >:-(

Its Eeyore(!) in Winnie-the Pooh Rich, and - as I'm sure you know - I was an Executive Officer! (they've probably changed the name to something else now anyway!)

And, No! we weren't all donkeys -- which was probably why I left to start a new career!

 

Cheers,

 

Colin.

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Sorry Colin - my mistake! By the way how many of your colleagues (now ex colleagues!) did you manage to execute!
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I just knew it was someone's fault that the rest of us are so heavily taxed to provide benefits for the 'less fortunate' - but I had not realised that it was YOU Colin. Shame on you!!
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Symbol Owner - 2012-04-16 5:29 PM

 

O.K. Richard you win -- I plead guilty on all counts! :D

 

Cheers,

 

Colin.

 

 

Finally and at last someone admits a mistake or error or misunderstanding. The birds are singing, the sun is out, and my glass is half full again.

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It's not all Colin's fault but it was my fault for saying it was his fault when clearly it was not his fault - sorry Colin!

 

Mind you it must have been partly his fault - mustn't it folks?

 

All those in favour say Eeyore!

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I was a tiny cog in a very big wheel!

I did, however, help to organise my (very large) benefit Office during the first-ever Civil Service strike in 1970 - the main cause of that was an inflammatory speech by the head of the Home Civil service, Lord Armstrong -- "economical with the truth" -- remember him?

 

Cheers,

 

Colin

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Brian Kirby - 2012-04-15 6:57 PM

 

CliveH - 2012-04-15 6:23 AM

........................... http://www.hmrc.gov.uk/employers/sml-salary-sacrifice.pdf

 

I would suggest that the description of SS in this HMRC link is about as definitive as it can get and touches on how if non cash benefits are used as the benefit, these benefits can be taxed via P11D. Which makes that “sweetspot” on a pension SS all the sweeter......................................

Is it significant that the link appears to address Salary Sacrifice (presumed your "SS"?) only during Maternity Leave? Or is it that the explanation is equally valid for other circumstances, but is better set out there? (See, I did rear it! :-))

 

General apologies for my earlier intemperate outburst, I'm afraid frustration, and a general lack of patience (for which I am regularly admonished!), got the better of judgement.

 

You are right Brian - the link is sub-link 4 from this HMRC link

 

 

http://www.hmrc.gov.uk/specialist/salary_sacrifice.htm

 

Not sure how i picked up that one when the more general one was that intended.

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